New consolidated version: Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings, amending Directive 2006/43/EC of the European Parliament and of the Council and repealing Council Directives 78/660/EEC and 83/349/EEC (Text with EEA relevance)Text with EEA relevance

A new consolidated version of Directive 2013/34/EU, the so-called Accounting Directive, was published in the Official Journal (OJ) of the EU. The Directive sets out requirements as regards the principles that must be observed when preparing financial statement and the content of such statement, including consolidated financial statements and related reports (e.g. management report).
This latest consolidated version includes the modifications made by Directive (EU) 2022/2464, the so-called Corporate Sustainability Reporting Directive (CSRD), to require – among other things – additional reporting on „sustainability-related matters“ in the management report of in-scope firms (please see EventID 18755 for a detailed description of the upcoming requirements). As a consequence, numerous provisions were added or modified in the Accounting Directive which are now included in this new consolidated version.